The California-based restaurant chain specializes in Mexican-style grilled chicken. It competes with Chipotle Mexican Grill(CMG) and other fast-casual restaurants like Chick-fil-A and Yum! Brands(YUM) KFC.
El Pollo Loco(LOCO) has 401 company-owned and franchise locations in five states, including Texas and Arizona. But the vast majority of its restaurants are in the Golden State.
El Pollo Loco en fuego after IPO
The company said Thursday that it expects to open more than a dozen new stores before the end of the year, including its first in the Houston area.